Form 8-K
8-K — Legacy Housing Corp
Accession: 0001104659-26-057434
Filed: 2026-05-08
Period: 2026-05-07
CIK: 0001436208
SIC: 2451 (MOBILE HOMES)
Item: Results of Operations and Financial Condition
Item: Financial Statements and Exhibits
Documents
8-K — legh-20260507x8k.htm (Primary)
EX-99.1 (legh-20260507xex99d1.htm)
XML — IDEA: XBRL DOCUMENT (R1.htm)
8-K
8-K (Primary)
Filename: legh-20260507x8k.htm · Sequence: 1
LEGACY HOUSING CORPORATION_May 7, 2026
0001436208false00014362082026-05-072026-05-07
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 7, 2026
LEGACY HOUSING CORPORATION
(Exact name of registrant as specified in its charter)
Texas
001-38761
20-2897516
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
1600 Airport Freeway, #100
Bedford, Texas
76022
(Address of Principal Executive Offices)
(Zip Code)
Registrant’s telephone number, including area code: (817) 799-4900
N/A
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, par value $0.001 per share
LEGH
The Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
CURRENT REPORT ON FORM 8-K
Legacy Housing Corporation (the “Company”)
May 7, 2026
Item 2.02. Results of Operations and Financial Condition.
The information contained in the Press Release issued by the Company on May 7, 2026, reporting the Company’s first quarter 2026 financial results, a copy of which is attached hereto as Exhibit 99.1, is incorporated herein by reference. Such information in this Item 2.02 (including Exhibit 99.1) is furnished pursuant to Item 2.02 and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section.
Item 9.01. Financial Statements and Exhibits.
(d)Exhibits. The exhibits listed in the following Exhibit Index are filed as part of this current report.
Exhibit Number
Description of Exhibit
99.1
Press Release issued by Legacy Housing Corporation on May 7, 2026.
104
Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
LEGACY HOUSING CORPORATION
Date: May 7, 2026
By:
/s/ Jon Langbert
Name:
Jon Langbert
Title:
Chief Financial Officer
EX-99.1
EX-99.1
Filename: legh-20260507xex99d1.htm · Sequence: 2
Exhibit 99.1
Legacy Housing Corporation Reports First Quarter 2026 Financial Results
May 7, 2026
BEDFORD, Texas — Legacy Housing Corporation (the “Company” or “Legacy”, Nasdaq: LEGH) today announced its financial results for the first quarter ended March 31, 2026.
Financial Highlights
● Net revenue for the first quarter of 2026 was $34.4 million, a decrease of 3.7% from the first quarter of 2025.
● Income from operations for the first quarter of 2026 was $12.4 million, an increase of 6.9% from the first quarter of 2025.
● Net income for the first quarter of 2026 was $10.9 million, an increase of 6.3% from the first quarter of 2025.
● Basic earnings per share for the first quarter of 2026 was $0.46, an increase of 7.0% from the first quarter of 2025. Diluted earnings per share was $0.46, an increase of 12.2% from the first quarter of 2025.
● Book value per share on March 31, 2026, was $22.66, an increase of 2.1% from December 31, 2025.
● Received a non-refundable advance deposit of approximately $7.1 million during the first quarter from a single customer in connection with a large order of workforce housing units, with deliveries expected to begin in the second quarter of 2026.
● Repurchased 30,740 shares of common stock for approximately $573 thousand during the first quarter under the $10.0 million repurchase program authorized by the Board of Directors on February 6, 2026.
Kenneth E. Shipley, Chief Executive Officer, stated: “Legacy delivered a solid first quarter, growing net income and diluted earnings per share year-over-year despite a modest decline in revenue and continued macro headwinds. Our retail and direct sales channels showed real strength, our loan portfolios continue to perform well, and we ended the quarter with $14.1 million in cash and an essentially undrawn revolver. The large workforce housing order received during the quarter underscores the opportunity we see in that market, and we look forward to delivering on that order in the coming quarters. We remain confident in the long-term demand for affordable manufactured housing and in Legacy’s ability to serve that need.”
This shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the Company’s securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Conference Call Information
Management will host a conference call to discuss the results at 12:00 PM Central Time on Friday, May 8, 2026. Dial-in and webcast details will be provided in advance of the call.
About Legacy Housing Corporation
Legacy Housing Corporation builds, sells, and finances manufactured homes and “Tiny Houses” distributed through a network of independent retailers and company-owned stores. The Company also sells directly to manufactured housing communities. Legacy is one of the largest producers of manufactured homes in the United States. With current operations focused primarily in the southern
United States, we offer our customers an array of quality homes ranging in size from approximately 395 to 2,667 square feet consisting of 1 to 5 bedrooms, with 1 to 3½ bathrooms. Our homes range in price, at retail, from approximately $47,000 to $200,000.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond our control. As a result, our actual results or performance may differ materially from anticipated results or performance. Legacy undertakes no obligation to update any such forward-looking statements after the date hereof, except as required by law. Investors should not place any reliance on any such forward-looking statements.
Investor Inquiries:
Jon Langbert, (817) 799-4900
ir@legacyhousingcorp.com
Media Inquiries:
Kira Hovancik, (817) 799-4905
pr@legacyhousingcorp.com
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